Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Jeronimo Martins SGPS's Revenue for the
three
months ended in Mar. 2026 was $10,294 Mil. Jeronimo Martins SGPS's Total Assets for the quarter that ended in Mar. 2026 was $19,767 Mil. Therefore, Jeronimo Martins SGPS's Asset Turnover for the quarter that ended in Mar. 2026 was 0.52.
Asset Turnover is linked to ROE % through Du Pont Formula. Jeronimo Martins SGPS's annualizedROE % for the quarter that ended in Mar. 2026 was 14.16%. It is also linked to ROA % through Du Pont Formula. Jeronimo Martins SGPS's annualizedROA % for the quarter that ended in Mar. 2026 was 2.78%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Jeronimo Martins SGPS's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Jeronimo Martins SGPS Asset Turnover Related Terms
Jeronimo Martins SGPS Asset Turnover Historical Data
* Premium members only.
The historical data trend for Jeronimo Martins SGPS's Asset Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JRONY vs SYY, USFD, PFGC: Asset Turnover Comparison
For the Food Distribution subindustry, Jeronimo Martins SGPS's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jeronimo Martins SGPS Asset Turnover vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Jeronimo Martins SGPS's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Jeronimo Martins SGPS's Asset Turnover falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Jeronimo Martins SGPS (JRONY) has a Asset Turnover of 0.52 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jeronimo Martins SGPS and its competitors.
Is Jeronimo Martins SGPS's Asset Turnover too high?
Jeronimo Martins SGPS's current Asset Turnover is 0.52. Overall, Jeronimo Martins SGPS has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jeronimo Martins SGPS's Asset Turnover compare to SYY and USFD?
Jeronimo Martins SGPS's Asset Turnover of 0.52 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Retail - Defensive company?
A good Asset Turnover depends on the Retail - Defensive industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jeronimo Martins SGPS and its competitors. Jeronimo Martins SGPS's current Asset Turnover is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jeronimo Martins SGPS stock overvalued right now?
Based on GuruFocus' analysis, Jeronimo Martins SGPS (JRONY) is currently considered Modestly Undervalued. The stock's GF Value™ is $52.86, compared to a current price of $39.23 — trading 25.8% below its estimated fair value. The current Asset Turnover is 0.52. Jeronimo Martins SGPS's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Jeronimo Martins SGPS (JRONY), the current Asset Turnover is 0.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jeronimo Martins SGPS (JRONY) Overvalued in 2026?
Based on GuruFocus' analysis, Jeronimo Martins SGPS stock appears to be undervalued.
The current stock price of $39.23 is trading 25.8% below its estimated GF Value™ of $52.86.
GuruFocus considers Jeronimo Martins SGPS to be Modestly Undervalued.
Key valuation signals for JRONY:
Asset Turnover: 0.52
GF Value™: $52.86 vs. price of $39.23 (25.8% below fair value)
No single metric tells the full story. See the JRONY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jeronimo Martins SGPS SA is engaged in food distribution business. It operates food retail business in Poland, Portugal, and Colombia. Its business areas include food distribution, Agribusiness, and Specialised retail. Its segments include Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets); Portugal Cash & Carry: includes the business unit Recheio; Poland Retail: the business unit which operates under Biedronka banner in this country; Poland Health and Beauty: includes the Hebe banner business unit in Poland, also includes the operations of its subsidiaries in Czechia and Slovakia; Colombia Retail: the business unit which operates under Ara banner; and Others. It derives the majority of the revenue from Poland Retail business segment.
91GF Score
Get the complete analysis for JRONY
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JRONY has been successfully added to your 
